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The AlleyWatch NYC Startup Daily Funding Report: 10/17/18

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The latest venture capital, seed, and angel deals for NYC startups for 10/17/18 featuring funding details for Hero, WhiteSource, ConveyIQ, and TG-17. This page will be updated throughout the day to reflect any new fundings.

Hero
$12M - Series A


Hero, a connected pill dispenser and platform for adherence for medications founded by Kal Vepuri of Brainchild Holdings (150+ investments) and Kut Akdogan, has raised $12M in Series A funding from investors that include BoxGroup, Naval Ravikant, Brainchild Holdings, Third Kind Venture Capital, and Refactor Capital.
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WhiteSource
$35M - Series C
WhiteSource, the cybersecurity platform focused on securing applications built using open source components, has raised $35M in Series C funding from investors that include 83North and Susquehanna Growth Equity. Founded by Azi Cohen, Rami Sass, Ron Rymon, and Roni Einavi in 2011, WhiteSource has now raised a total of $46M in funding over three rounds.
ConveyIQ
$5.5M

HR Tech communications platform Convey IQ, which was founded as Take the Interview, has raised $5.5M in additional funding from investors that include StarVest Partners, 3TS Capital Partners, and SC Ventures. Founded by Anthony Cintron, Danielle Weinblatt, and Ty Abernethy in 2010, ConveyIQ has now raised a total of $19.6M in funding over nine funding rounds.
TG-17
$34.7M
According to a recent SEC filing, TG-17, a Machine learning and AI-focused startup operating with this code name until launch, has raised $34.7M in funding. The filing lists Doron Kempel and an Exeuctive and Director as well Erel Margalit and Todor Tashev of Omidyar Technology Ventures as Directors. The filing also indicates that the total offering amount is for $41.7M and there have been 19 investors in this first close.

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